Dundas Minerals (ASX:DUN) has commenced a ground gravity geophysical survey at the company’s nickel project, called Jumbuck, north of Esperance in southeast WA.
The survey is seeking to better define the dimensions and geology of nickel mineralisation detected on-site via initial drilling completed by the company earlier this month.
A separate survey was conducted back in October of 2021 where the company used a wider-spaced survey methodology; the objective of today’s announced survey program is to better narrow the scope of results surrounding nickel deposits at the Jumbuck acreage.
The survey is to be conducted at a line spacing interval of 500m and a reading station interval of 100m, a total of 2,480 stations are planned and the survey is to be wrapped up in early June.
Dundas is hopeful the new survey will allow enhanced exploration targeting by the company’s geologists. It is seeking to better define inferred mafic and ultramafic intrusions within and adjacent to the Jumbuck prospect project boundary envelope.
Management noted that survey contractors Atlas Geophysics were operating nearby in the area.
“We are very encouraged by results from the drilling campaign and this survey will greatly assist further exploration,” managing director Shane Volk commented.
“Atlas Geophysics was working nearby and we have been able to quickly mobilise them to the Jumbuck area for this survey.”
Dundas Minerals is currently trading a discount to where it sat only a month ago at 16.5c; the share price is today trading at 12.5c.
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